318 Richmond St W 707
Waterfront Communities C1, Downtown Toronto, M5V 1X2
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Property Description
One Bedroom 552 Sq Ft Per Builders Floorplan With Rarely Offered Wrap Around Terrace/Balcony At Picasso Condos. Features Include Wood/Ceramic Floors, Bedroom Has Window And 4 Pc Ensuite Washroom, Wrap Around Outdoor Space Has Planters, Overlooks Shops On Queen St W, Close To All The Action Of King St W And Queen St W.
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Extras
Fridge, Stove, Dishwasher, Microwave, Washer And Dryer, Upgraded Kitchen Backsplash, Upgraded 12 X 24 Tiles In Washroom.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,018 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.58' x 25.00' | Combined W/Dining, Wood Floor, North View |
| Dining | Main | 9.58' x 25.00' | Combined W/Living, Wood Floor, East View |
| Kitchen | Main | 9.58' x 25.00' | Combined W/Kitchen, Ceramic Floor, 4 Pc Ensuite |
| Br | Main | 9.48' x 11.06' | Wood Floor, Window, 4 Pc Ensuite |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
318 Richmond St W 707 is a 1-bedroom 1-bathroom condo listed for sale at $519,900, which is $83,644 (13.9%) lower than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Vision Realty, Brokerage
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